Price Action Alert: TD Ameritrade Holding Corp.’s Trend Up, Especially After Today’s Strong Session

Price Action Alert: TD Ameritrade Holding Corp.'s Trend Up, Especially After Today's Strong Session

The stock of TD Ameritrade Holding Corp. (NASDAQ:AMTD) is a huge mover today! About 980,483 shares traded hands. TD Ameritrade Holding Corp. (NASDAQ:AMTD) has risen 26.45% since April 26, 2016 and is uptrending. It has outperformed by 21.19% the S&P500.
The move comes after 9 months positive chart setup for the $21.35 billion company. It was reported on Nov, 29 by Barchart.com. We have $43.89 PT which if reached, will make NASDAQ:AMTD worth $1.49B more.

Analysts await TD Ameritrade Holding Corp. (NASDAQ:AMTD) to report earnings on January, 18. They expect $0.39 EPS, 0.00% or $0.00 from last year’s $0.39 per share. AMTD’s profit will be $202.94 million for 26.29 P/E if the $0.39 EPS becomes a reality. After $0.35 actual EPS reported by TD Ameritrade Holding Corp. for the previous quarter, Wall Street now forecasts 11.43% EPS growth.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) Ratings Coverage

Out of 8 analysts covering TD Ameritrade Holdings (NASDAQ:AMTD), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. TD Ameritrade Holdings has been the topic of 21 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Wednesday, October 7 by Keefe Bruyette & Woods. Citigroup upgraded the stock to “Neutral” rating in Tuesday, January 12 report. On Friday, September 18 the stock rating was maintained by Deutsche Bank with “Buy”. Wells Fargo downgraded the shares of AMTD in a report on Monday, September 28 to “Market Perform” rating. The rating was maintained by Wood on Wednesday, October 7 with “Outperform”. The company was downgraded on Wednesday, July 22 by Citigroup. Deutsche Bank maintained it with “Buy” rating and $41.0 target price in Friday, January 8 report. The firm has “Buy” rating given on Wednesday, January 13 by Bank of America. The firm has “Buy” rating by UBS given on Thursday, January 21.

According to Zacks Investment Research, “TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Ameritrade develops and provides innovative brokerage products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. Through its brokerage subsidiaries, it provides a dynamic balance of investment products and services that fits the changing needs of investors. The Company’s full spectrum of services for the individual investor include a leading active trader program and long-term investor solutions, including a national branch system, as well as relationships with one of the largest networks of independent registered investment advisors.”

Insitutional Activity: The institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.04, from 1.09 in 2016Q1. The ratio increased, as 29 funds sold all TD Ameritrade Holding Corp. shares owned while 80 reduced positions. 32 funds bought stakes while 87 increased positions. They now own 471.08 million shares or 86.79% more from 252.20 million shares in 2016Q1.
Millennium Mngmt Limited holds 166,381 shares or 0.01% of its portfolio. Thompson Davis And accumulated 565 shares or 0.03% of the stock. Calvert Investment last reported 20,167 shares in the company. Sns Fincl Group Incorporated Limited Liability Com has invested 0.3% of its portfolio in TD Ameritrade Holding Corp. (NASDAQ:AMTD). Financial Bank Of America De holds 1.07 million shares or 0.01% of its portfolio. Winfield Assocs Inc has 10 shares for 0% of their US portfolio. Moreover, Akre Cap Ltd Liability Corporation has 1.72% invested in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 2.97M shares. State Of Wisconsin Board holds 0.02% of its portfolio in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 165,842 shares. Utah Retirement accumulated 0.03% or 45,301 shares. Financial Mngmt Pro Incorporated has 0% invested in the company for 85 shares. Arlington Capital Mgmt, a Illinois-based fund reported 36,690 shares. Atlanta Capital L L C, a Georgia-based fund reported 765,001 shares. Moreover, Chesley Taft Associate Limited Liability has 0.1% invested in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 33,410 shares. The New York-based Blackrock Incorporated has invested 0.02% in TD Ameritrade Holding Corp. (NASDAQ:AMTD). Shell Asset Management last reported 0.04% of its portfolio in the stock.

Insider Transactions: Since June 1, 2016, the stock had 1 insider buy, and 3 selling transactions for $2.89 million net activity. Levitt Brian M bought $169,350 worth of TD Ameritrade Holding Corp. (NASDAQ:AMTD) on Wednesday, October 26. MOGLIA JOSEPH H sold 15,000 shares worth $508,650. Shares for $1.05M were sold by Quirk Steven M. on Wednesday, November 23. The insider Tomczyk Fredric J sold $1.31M. $1.49 million worth of shares were sold by KOPLOW ELLEN L S on Thursday, November 10.

More important recent TD Ameritrade Holding Corp. (NASDAQ:AMTD) news were published by: Bloomberg.com which released: “TD Ameritrade, Toronto-Dominion Buy Scottrade for $4 Billion” on October 24, 2016, also Businesswire.com published article titled: “TD Ameritrade’s thinkorswim Platform Now Offers State of the Art Earnings …”, Investorplace.com published: “Why GoPro Inc (GPRO), Time Warner Inc (TWX) and TD Ameritrade Holding Corp …” on October 24, 2016. More interesting news about TD Ameritrade Holding Corp. (NASDAQ:AMTD) was released by: Nasdaq.com and their article: “TD Ameritrade Holding Corporation (AMTD) Ex-Dividend Date Scheduled for …” with publication date: November 03, 2016.

AMTD Company Profile

TD Ameritrade Holding Corporation, incorporated on April 1, 2002, is a well-known provider of securities brokerage services and related technology financial services. The Firm provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Firm provides its services through the Internet, a national branch network and relationships with RIAs. The Company’s services and products include common and preferred stock, exchange-traded funds, options, futures, foreign exchange, mutual funds, fixed income, new and secondary issue securities, margin lending, cash management services and annuities. The Firm uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various services and products to retail clients, such as touch-tone trading, trading over the Internet, real-time quotes, extended trading hours and direct access to market destinations. The Firm offers a nationwide network of over 100 retail branches, located primarily in metropolitan areas.

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